# GHL vs GVL

[GHL](https://nepse.link/stocks/GHL) (Ghalemdi Hydro Limited) and [GVL](https://nepse.link/stocks/GVL) (Green Ventures Limited) are two of the most traded Hydro Power stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q1 FY 083/084.

GHL is ahead of GVL on 3 of the 5 measures below. None of this is a recommendation; it is what the latest numbers say. GVL is the bigger company by market value (Rs 1,921.56 crore), 3.6 times GHL (Rs 532.95 crore).

## Which is ahead on each measure

- GVL is cheaper on P/E (42.9 against 16,150.0 for GHL).
- GHL is cheaper on price to book (3.4 against 4.5 for GVL).
- GHL has done better over a year (+48.2% against +8.0% for GVL).
- GVL earns more on its equity (ROE 10.41% against 0.07%).
- GHL grew its net profit faster against the same quarter last year (+101.7% against +20.6% for GVL).

## GHL and GVL side by side

| Measure | GHL | GVL |
| --- | --- | --- |
| Last close | Rs 323.00 | Rs 559.00 |
| Change, 1 month | +9.53% | +12.93% |
| Change, 1 year | +48.17% | +7.96% |
| EPS | Rs 0.07 | Rs 13.02 |
| P/E | 16,150.0 | 42.9 |
| Book value per share | Rs 95.07 | Rs 124.42 |
| Price to book | 3.40 | 4.49 |
| ROE | 0.07% | 10.41% |
| Net profit growth, same quarter last year | +101.7% | +20.6% |
| Latest dividend | – | 0.00% (081/082) |
| Market value | Rs 532.95 crore | Rs 1,921.56 crore |
| Average daily turnover, 30 days | Rs 24.32 crore | Rs 10.84 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.40 (1 means they move in step, 0 means unrelated). That is moderate: they often move the same way, but not always.

## More Hydro Power comparisons

- [API vs GHL](https://nepse.link/stocks/compare/API-vs-GHL)
- [API vs GVL](https://nepse.link/stocks/compare/API-vs-GVL)
- [GHL vs PHCL](https://nepse.link/stocks/compare/GHL-vs-PHCL)
- [GHL vs TAMOR](https://nepse.link/stocks/compare/GHL-vs-TAMOR)
- [GVL vs PHCL](https://nepse.link/stocks/compare/GVL-vs-PHCL)
- [GVL vs TAMOR](https://nepse.link/stocks/compare/GVL-vs-TAMOR)
- [Every Hydro Power stock](https://nepse.link/stocks/sector/hydro-power)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.